Solar Panel Cost Guide in Jessup, PA (2024 Update)
- Jessup Solar Installation Cost: $17,221
- 25-Year Savings: $11,941
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Jessup
We break down average solar pricing in Jessup.
Although the national average of solar panels is $2.66 per watt, solar panels in Jessup typically cost around 4.Using this figure, a typical 6.9-kW system would cost about $17,221 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Jessup see about $13,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Jessup
Year | Return on Investment |
---|---|
1 years | $-15,875 |
3 years | $-13,184 |
5 years | $-10,493 |
7 years | $-7,801 |
9 years | $-5,110 |
11 years | $-2,419 |
13 years | $272 |
15 years | $2,963 |
17 years | $5,655 |
19 years | $8,346 |
21 years | $11,037 |
23 years | $13,728 |
25 years | $16,419 |
Top Solar Installers in Jessup
Although you can install solar panels on your own, it requires extra energy and know-how. For that reason, most people choose a solar panel installer. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Jessup:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Jessup
Factors that Affect Solar Panel Costs in Jessup
There are many factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,550 per kilowatt in Jessup.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Jessup, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Jessup homeowners decide to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Jessup know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.69 | $15,506 | $5,542 | 18.4 years |
8 kW | $3.62 | $20,278 | $7,787 | 18.1 years |
10 kW | $3.55 | $24,850 | $10,231 | 17.7 years |
12 kW | $3.48 | $29,224 | $12,874 | 17.4 years |
14 kW | $3.41 | $33,398 | $15,715 | 17.0 years |
16 kW | $3.34 | $37,374 | $18,756 | 16.6 years |
18 kW | $3.27 | $41,152 | $21,995 | 16.3 years |
20 kW | $3.19 | $44,730 | $25,433 | 15.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Jessup, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Jessup, PA Solar Cost FAQs
What is the average cost of installing solar panels in Jessup?
The average cost of solar panels in Jessup is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Jessup?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can you sell solar power back to the grid in Jessup?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.